Royal Mail owner's report looms as takeover appears near
Royal Mail owner International Distributions Services PLC (LSE:IDS) will unveil full-year results next Thursday, 23 May as speculation looms over a...
Source: proactiveinvestors.co.uk
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Sirius Real Estate raises EUR 59.9m, Unilever kicks off share buyback
London open The FTSE 100 is expected to open six points lower on Friday, having closed down 0.09% on Thursday at 8,438.65.
Source: sharecast.com
Friday newspaper round-up: Bank branches, mortgages, Northern Rock
The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies – including two in London – without a single branch. The tally is being published by the consumer group Which? as it seeks to make the “avalanche” of closures and the “disastrous” impact they can have on local communities an election battleground. – Guardian
Source: sharecast.com
What next for the future of Royal Mail? From £1billion loss, staff walkouts and backlash over a delivery shake-up, can Czech billionaire Daniel Kretinsky turn around the fortunes of the 500-year-old British institution?
Daniel Kretinsky's bid for the service would just be another finger in a series of British pies for the business mogul - with stakes aplenty in West Ham and supermarket Sainsbury's.
Source: dailymail.co.uk
IDS Board "minded" to accept cash offer for Royal Mail
The Board of IDS has confirmed that it has received a revised non-binding proposal from EP Corporate Group a.s. fworth about £3.5bn from shareholder and Czech billionaire Daniel Kretinsky.
Source: postandparcel.info